Quantemplate, a provider of cloud-based automated data solutions for the re/insurance industry, has announced plans to redomicile from the UK to the US.
Going forward, the company will maintain its offices in London but will be headquartered in New York City.
With approximately 60% of its customers based in the US, Quantemplate believes the move will provide it with a stronger foothold to continue its international growth.
The redomicile will also enable the company to access the re/insurance sales and marketing talent pool based in the US, it explained.
Quantemplate intends to support further growth by expanding its team and building out operational infrastructure to support increased customer onboarding, acquisition, marketing and product development activities in both the US and European markets.
“Our customers already gain a simple, user-friendly experience with the Quantemplate platform, and now, through our redomiciling, we’re making our services even more accessible to those with international and U.S.-based operations,” said David Lundgren, CEO of Quantemplate.
“We may be a global business, but we are local in our support to customers, which allows us to leverage our resources while connecting and understanding customers market by market,” Lundgren continued.
“We look forward to further establishing our presence in the U.S. market and expanding internationally.”